Beta Mortgage Professionals Co Gets a Florida Business Loan
Would a Florida business loan help your company expand? If so, you may want to talk with this Virginia bank, which offers SBA loans to Florida entrepreneurs.
Getting a small business loan in Miami, Florida was a top priority for Beta Mortgage Professionals Co back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Capital One. Here are the details on this Florida small business loan.
SBA Loan Borrower
BETA MORTGAGE PROFESSIONALS CO
9990 SW 77TH AVE
MIAMI, FL 33156
SBA Loan Lender
CAPITAL ONE
1680 CAPITAL ONE DR
MCLEAN, VA 22102
The lender provided this business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
522310 - Mortgage and Nonmortgage Loan Brokers
Loan Approval Date
6/10/2005
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $25,000.
More Information on This SBA Loan
The borrower, Beta Mortgage Professionals Co, borrowed this money for an existing business. The SBA's record indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 5 employees. The SBA loan application for the borrower indicated that the loan would help retain 5 existing jobs.
Getting an SBA Loan For Your Business
If you are wondering how to raise money for a business in Miami FL, you ought to talk with a local Miami SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Miami businesses.
Your solution for where to find money to start a business may be an SBA guaranteed loan. Beta Mortgage Professionals Co recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
Understanding Dilution
Who Lends Money to Small Businesses in Mclean, Virginia
Getting an SBA Loan in Virginia
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